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AGP Executive Report

Last update: 9 hours ago

Offshore Oil & Logistics: ExxonMobil Global Projects has awarded Sercel a one-year contract to deploy its Marlin SIMOPS software suite at the Whiptail project in the Stabroek Block, aiming to improve live coordination and safety for pipe-laying and mooring operations. Oil Revenue Pressure: Liza One output reportedly fell from the approved 120,000 bpd to under 100,000 bpd by June, sharpening questions about whether Guyana will receive the full 50% profits promised under the PSA. Big Oil Politics: President Donald Trump again attacked ExxonMobil and Chevron over “too much money,” urging them to cut retail prices as oil prices surge amid the Iran conflict. Local Industry vs State Competition: The GMSA is pushing back hard on a $496.3m state-owned water bottling plant, warning it could crush private manufacturers and compete directly with local investment. Maritime Disaster Update: Government has ended active search and recovery for the MV Barima tragedy, though the MRCC remains on standby and some recovered bodies are still awaiting identification. Climate & Water Risk: Hydromet warns El Niño could drive up to 80 hot spell days this year, with reduced water availability likely affecting domestic use, agriculture and hinterland communities. Mining Watch: Junior Canadian Tajiri Resources says it will expand in Guyana gold and expects to announce a new acquisition soon while advancing drilling at its Yono project. Energy Transition Readiness: An IDB study says no Caribbean port is fully ready for shore-side power and green fuel bunkering yet, with Guyana included among the assessed countries.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 2, 2026

Guyana to host launch of Caribbean Energy Week 2027

AGP

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Jul. 2, 2026

Guyana to launch Caribbean Energy Week 2027

AGP

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Jun. 18, 2026

Speed International Logistics expands multimodal network for global supply chains

AGP

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Jul. 15, 2026

Flare monitoring market to reach $1.96 billion by 2035

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Why India’s offshore exploration push reflects a global shift toward energy security

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Recinos Group says procurement participation was routine, says K&M Construction did not win Government bid

Recinos Group says procurement participation was routine, says K&M Construction did not win Government bid


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Jul. 29, 2026

Quality Companies Expands Manufacturing Footprint Across Acadiana with Two-Site Investment

Louisiana Economic Development

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Jul. 22, 2026

U92 Energy Announces Public Offering of up to $6 Million

GlobeNewswire, Inc.

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Jul. 15, 2026

Flare Monitoring Market Technology, Top Players, Growth Dynamics and Global Trends, Industry Forecast 2026 to 2035

EIN Presswire

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

EIN Presswire

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Jul. 2, 2026

Guyana to Host Launch of Caribbean Energy Week 2027 as Regional Energy Momentum Builds

EIN Presswire

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Jul. 13, 2026

G Mining and G2 Goldfields Provide Update on Arrangement with G Mining and Spin-Out of G3 Goldfields

GlobeNewswire, Inc.

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